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  • Introduction
    • Mortgage product
    • Earn product
    • NEW! Refinance
  • How MortgageFi Works
    • Mortgage borrowers
      • Early repayment feature (ERF)
    • Earn - Liquidity Providers
    • Refinancing
  • Getting Started
    • Components
      • Mortgage Vaults
      • Earning Vaults
      • Loan NFTs
      • Defaults
      • ERC20 Integration
    • Points system
      • Liquidity Incentives
      • Referral Incentives
  • FAQ
    • General
  • MortgageFi Ecosystem
    • Contracts
    • Audits
    • Governance Structure
    • Integrate your own token
      • Integration Process
      • Benefits of Integration
      • Considerations
      • How to apply
    • Self-Balancing Protocol
      • Three Pillars
      • Protocol Design
      • How the System Balances
      • Security and Attack Vectors
      • Advantages of This Model
  • Under-Collateralized Loans
    • What are Under-Collateralized Loans?
    • Key Features
    • How it works
    • Risk Management
    • Benefits for Borrowers
  • Compared to other Lending
    • Use Case Example
  • Comparison Examples
    • Funding Rates and Position Stability
    • Zero-Sum Game vs. Mutual Benefit
    • Long-Term Holding vs. Short-Term Trading
    • Risk Profile
    • Costs and Predictability
  • Yield for Earn Vaults
  • Risk Management
    • Risk Management Strategies
    • Risks and Mitigations
    • User Responsibilities
    • Community Risk Management
    • Ongoing Risk Management
  • Strategies
    • Long vs Short-term Strategy
      • Long-term strategy
      • Short-term strategy
      • Comparing the Strategies
    • Hedge against the bear market
    • Cross-Chain Operations
    • Token Sink
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  1. Strategies

Cross-Chain Operations

MortgageFi is designed to operate seamlessly across multiple blockchain networks, expanding accessibility and providing users with greater flexibility.

Current Supported Chains

  • Arbitrum One

  • Base

Planned Expansion

  • MortgageFi is built to be compatible with all EVM (Ethereum Virtual Machine) chains

  • Future expansions to other popular EVM-compatible networks are anticipated

Key Features of Cross-Chain Operations

  1. Consistent User Experience:

  • Uniform interface and functionality across all supported chains

  • Seamless transition between networks for users

  1. Asset Diversity:

  • Access to a wider range of ERC20 tokens across different ecosystems

  • Increased opportunities for borrowing and earning

  1. Risk Mitigation:

  • Spread of protocol activity across multiple chains reduces single-point-of-failure risk

  1. Scalability:

  • Ability to leverage the strengths of different chains (e.g., lower fees, faster transactions)

  1. Broader Market Reach:

  • Engagement with diverse cryptocurrency communities across various chains

How It Works

  1. Vault Creation:

  • Token projects can create a dedicated MortgageFi vault for their token

  • This vault allows users to borrow against the project's token

  1. Long-Term Borrowing:

  • Community members can take out loans of up to 30 years using the project token

  • Borrowed tokens are effectively removed from circulation for the loan duration

  1. Gradual Token Lock-up:

  • As more community members take loans, a larger portion of the token supply becomes locked

  • This process can continue over time, potentially for decades

User Considerations

  • Ensure you're connected to the desired network in your wallet

  • Be aware of the different gas fees and transaction speeds on each chain

  • Understand that assets on one chain cannot be directly used on another within MortgageFi

Future Developments

  • Potential for cross-chain interoperability features

  • Expansion to non-EVM chains to further increase accessibility

MortgageFi's cross-chain approach offers users the flexibility to leverage different blockchain ecosystems while maintaining a consistent and secure borrowing and earning experience. As the protocol expands to more chains, it will continue to open up new opportunities for users across the global DeFi landscape. If you want to see a chain that isn’t currently supported please contact our business development team through Discord.

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Last updated 1 month ago